sri lanka bus

The minimum bus fare is to be changed to Rs. 40 if the government does not stop the stability of the rupee against the dollar, Gemunu Wijeratne (chairman of the Lanka Private Bus Owners Association - LPBOA) said.

Gemunu Wijeratne said that the annual bus fare review will come into effect in July, and the new bus fare will have to be calculated taking into account the dollar exchange rate and all aspects related to it.

“Due to the sharp depreciation of the rupee against the US dollar, all related commodities related to bus service, such as tires, tubes, lubricants, repairs, spare parts and all other accessories necessary for the operation of buses, have risen in price. abruptly," he said.

“Over the past two months, tire prices have increased by 40% and lubricants by 100%,” he said. “With the exception of diesel fuel, tires and tubes, vehicle maintenance, lubricants, repairs, air conditioning repairs, daily, monthly and annual overheads, provision of liability, installment payment against financing and current interest rates must be taken into account when reviewing the annual bus. fare,” Wijeratne said.

So he asked the government to take immediate action to control the depreciation of the rupee against the US dollar in order to get the best possible rate for the annual bus fare review, he added.